Sold

262 Endicott avenue, Revere, MA

Revere · MA 02151

$1,435,000
Price
7
Beds
4
Baths
4752
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 6,499 Sq.Ft Lot
Price per square foot: $326 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Amazing OCEANFRONT INCOME PROPERTY with 2 lots on 1 parcel in desirable Beachmont. This amazing 4-fam features 1-2 bed/1 bth units all with spectacular, unobstructed OCEAN VIEWS, private oceanfront outdoor deck space, separate utilities, laundry hook-up, and dedicated off-street parking. 3 of the units have RECENT INTERIOR UPDATES which include new appliances,flooring,cabinetry and newer electrical in addition to other system updates. NEW ROOF, SIDING, exterior DOORS, and unit SLIDERS are all less than 1 year old and have a transferable warranty. Investors:enjoy the well-established rental history as the property can be delivered with leases in place for immediately cash flow of ~$90k (5% Cap), or delivered vacant with the opportunity to bring rents to market rate. Explore future growth potential for future luxury CONDO CONVERSION or DEVELOPMENT EXPANSION on adjacent lot. 15 min to downtown, 10 min to the airport, steps to the Blue Line, and 1 mile to Suffolk Down Project.

Neighborhood & Transit

Beachmont

262 Endicott avenue, Revere · MA 02151

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1965 days
Listing Price:
$1,549,999
Price per Sq.Ft:
$326
Tax Assessment:
$894,000 in 2020
Taxes:
$833 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,752 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
6,499 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Christine Cannon Coughlin
Listing office
Bantry Way Brokerage
MLS PIN #
72852046